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Maridive Oil Services turned in net profit of USD 14 mn in FY2018
Maridive Oil Services turned in a net profit of USD 14 mn (-40% year-on-year) in FY2018 on revenues of USD…
Egypt’s tourism industry grew 16.5% in 2018, says WTTC
Egypt’s tourism industry grew 16.5% in 2018, according to new data by the World Tourism & Travel Council. The industry…
Government considers issuing local bonds with changing yields
EXCLUSIVE- Egypt considers tying local bond yields to CBE corridor rates: The government is considering tying the yields on local…
Cleopatra completes acquisition of El Katib, moves ahead with Queens
M&A WATCH- Cleopatra completes acquisition of El Katib, adds 100 beds: Cleopatra Hospitals Group (CHG) has completed its acquisition of…
Egypt bourse plans establishing real estate index
The Egyptian Stock Exchange is planning to establish a real estate index that has companies’ performance and unit prices, EGX…
Orange Egypt mulling a return to EGX, to invest EGP 5.3 bn this year
IPO WATCH- Orange Egypt mulls re-listing, plans to invest EGP 5.3 bn this year: Our friends at Orange Egypt are…
IPO activity in Egypt and the rest of North Africa rose 115% in 2018
IPO WATCH- IPO activity in Egypt and the rest of North Africa rose 115% in 2018, but 2019 looks like…
Raya Contact Center names CEO Reem Asaad as manager of UAE unit
MOVES- Raya Contact Center has named its deputy chairman and CEO Reem Asaad (LinkedIn) to also head its UAE unit,…
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